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Goods and Services Tax (GST) in automobile sector, Know more
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Goods and Services Tax (GST) was first announced to introduce in 2010, and it is expected to be implemented from July 1, 2017. Automotive industry has been waiting for this reform very optimistically. However, as GST gets ready to be rolled out with various changes and modifications, there seems to a sense of lack of satisfaction across the value chain compared to the enthusiasm it had instilled in the initial draft. Although automotive industry has welcomed GST with open hands but have also raised several concerns. Have a look on the following issues.
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